USD/CHF AI Live Scan, 1-hour chart, Friday, 30 October 2026

Every read JAFX AI made on the USD/CHF 1-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.

22:46 UTC

Downtrend since Wednesday, rebounding into resistance · RSI 53 · price 0.82453

Lower highs from 0.8313; Friday double bottom near 0.8203 lifted price back to the 50% retrace.

USD/CHF has printed lower highs since Wednesday's 0.8313 week high, with the post-FOMC slide extending through Thursday's NY session and into a 0.8194 Asia low on Friday, a test of the monthly low area. A double bottom near 0.8203 in London gave way to a NY-session rebound as higher oil eroded CHF's haven appeal. That rebound stalled at the 50% retrace and the 0.8256 Friday high; price now holds above EMA(20) at 0.8235 but sits just under EMA(50) near 0.8248, with RSI(14) back around 53.

Support: 0.8235, 0.8203, 0.8194

Resistance: 0.8248, 0.8256, 0.8313

What it said to watch

  • H1 close above the 0.8256 Friday high and EMA(50) opens the 61.8% retrace near 0.8267 and the lower-highs trendline
  • Loss of EMA(20) at 0.8235 puts the 0.8203 double bottom back in play
  • Break of the 0.8194 week low would confirm a fresh lower-low through the monthly low
  • ISM Manufacturing (Mon) and Swiss CPI (Tue) could materially shift this read

20:03 UTC

Downtrend, corrective bounce stalling · RSI 50 · price 0.82414

Lower highs from 0.8313; double low at 0.8203, now ranging below ema50.

USDCHF has printed lower highs since Wednesday's 0.8313 week high in London. The post-FOMC fade extended in Thursday's NY session after the US data and ran to a 0.8194 week low in Asia as falling yields weighed on USD. London held a double low near 0.8203, and the NY session lifted price to the 0.8256 NY high, roughly a 50% retracement of the week's decline, where the ema50 capped. Price now consolidates near the 38.2% level between the ema20 (~0.8235) and ema50 (~0.8248), with RSI(14) flat near 50.

Support: 0.8225, 0.8203, 0.8194

Resistance: 0.8248, 0.8256, 0.8297

What it said to watch

  • H1 close above the 0.8256 NY high and ema50 breaks the lower-highs line and exposes the 0.8297 thu range top
  • Loss of the 0.8225 NY pullback low and the Friday higher-lows line returns focus to the 0.8203 double low and 0.8194 week low
  • ISM Manufacturing and Prices Paid (Mon 15:00 UTC), then Swiss CPI (Tue 07:30 UTC), could materially shift this read

19:02 UTC

Downtrend from Wednesday's high, corrective bounce in progress · RSI 53 · price 0.82359

Lower highs since 0.8313; Friday double low near 0.8203 holding below the Thursday shelf.

USDCHF topped at the 0.8313 week high in Wednesday's London session. It reversed after the Fed hold and broke the Thursday shelf near 0.8257 after the US GDP/PCE releases, as falling yields outweighed the data beat. The slide ran into a 0.8194 week low in Friday's Asia session. A double low near 0.8203 then held through London, and higher oil weighing on the franc drove an NY-hours bounce. That bounce stalled at the 0.8256 session high, right at the 50% retracement, and has since held the 0.8225 NY pullback low with price back above EMA(20) but still below EMA(50).

Support: 0.8225, 0.8203, 0.8194

Resistance: 0.8256, 0.8257, 0.8313

What it said to watch

  • H1 close above the 0.8257 thu shelf / 50% retracement would break the lower-high sequence from the week high
  • Failure to hold the 0.8225 ny pullback low puts the 0.8203 double low back in play
  • A break of the 0.8194 week low would extend the downtrend leg and void the double bottom
  • US ISM Manufacturing and Prices Paid Mon 15:00 UTC could materially shift this read via yields
  • Swiss CPI Tue 07:30 UTC is the main CHF-side risk to this structure

18:02 UTC

Downtrend, rebound stalling below EMA(50) · RSI 55 · price 0.82415

Lower highs from 0.8313; higher low at 0.8203 after 0.8194 week low.

USD/CHF has printed lower highs since Wednesday's 0.8313 week high. The post-FOMC fade accelerated in Thursday's NY session as Treasury-led USD weakness dragged the pair to a 0.8194 week low in Friday's Asia session. The twin lows at 0.8203 held through London, and the NY rebound reclaimed EMA(20) near 0.8234 but met rejection at the 0.8256 NY high, just above the 50% retracement of the week's decline, with RSI(14) back near 55 and price still below EMA(50) at 0.8249.

Support: 0.8234, 0.8203, 0.8194

Resistance: 0.8256, 0.8297, 0.8313

What it said to watch

  • An H1 close above the 0.8256 NY high and EMA(50) at 0.8249 would break the lower-highs line and open the path to the 0.8297 Thu high
  • Failure to hold EMA(20) at 0.8234 and then the 0.8203 twin lows re-exposes the 0.8194 week low and the monthly low area
  • US ISM Manufacturing (Mon 15:00 UTC) and Swiss CPI (Tue 07:30 UTC) could materially shift this read
  • Weekly gap risk at the open; a move back toward the 0.8313 week high requires the lower-highs sequence to break first

17:03 UTC

Downtrend, Friday bounce stalling · RSI 54 · price 0.82372

Lower highs from 0.8313; base at 0.8194–0.8203.

USD/CHF has printed lower highs since Wednesday's 0.8313 week high. The post-FOMC fade extended through Thursday's NY session and into Asia to a 0.8194 week low as a softer USD and falling yields weighed. A Friday base formed at 0.8194–0.8203, and the NY rebound met rejection just above the 50% fib of the week's drop at 0.8256, leaving the lower-high sequence and trendline intact; price now sits just above EMA(20) at 0.8233 with RSI(14) in the mid-50s, retesting the 0.8236 double-bottom neckline.

Support: 0.8233, 0.8203, 0.8194

Resistance: 0.8256, 0.8297, 0.8313

What it said to watch

  • H1 close above the 0.8256 50% fib and the lower-highs trendline opens Thursday's 0.8297 lower high
  • Loss of EMA(20) at 0.8233 and the 0.8203 base would put the 0.8194 week low (monthly low area) back in play
  • Musalem remarks into the weekly close, Monday's ISM and Swiss retail sales, and Tuesday's Swiss CPI and US midterms could materially shift this read

16:02 UTC

Downtrend, stabilising above week low · RSI 51 · price 0.82313

Lower highs from 0.8313 week high; twin-low base at 0.8203.

USD/CHF set its week high at 0.8313 at Wednesday's London open, turned lower after the FOMC hold and broke down in Thursday's NY session as the dollar slid despite the GDP beat. The decline reached a week low of 0.8194 in Friday's Asian session. Twin lows near 0.8203 held through London, and Friday's NY rally to 0.8256 (the Friday high) stalled just above the 50% retracement of the week's decline and the lower-highs line before being rejected back to EMA(20) around 0.8232. RSI(14) has recovered to about 51 from oversold.

Support: 0.82026, 0.81936

Resistance: 0.8232, 0.82556, 0.8313

What it said to watch

  • Hourly close above the 0.8256 Friday high would break the lower-highs line and the 50% retracement
  • Loss of the 0.8203 twin lows reopens the 0.8194 week low and the 0.8200 handle
  • Repeated failure to hold above EMA(20) at 0.8232 keeps the downtrend read intact
  • Fed's Daly (16:00Z) and Musalem (16:30Z) could shift the read into the weekly close
  • Next week's event risk: ISM Mon, Swiss CPI Tue and the US midterms Tue

15:02 UTC

Downtrend since FOMC, rebounding · RSI 51 · price 0.8244

Lower highs from 0.8313; double base at 0.8203 broken higher.

The dominant move since Wednesday's 0.8313 peak has been lower. The decisive legs came in Thursday's NY session and Friday's Asia session, taking the pair to a 0.8194 week low as tech-led Treasury buying weighed on the USD. A double base at 0.8203 through London gave way to a sharp rebound during NY hours, helped by oil-driven CHF softness, putting price back above EMA(20) near 0.8233 but stalling at the 50% fib of the post-FOMC drop at 0.8253, just under EMA(50). RSI(14) has recovered to ~51 from near 30, while the sequence of lower highs below the 0.8297 lower high remains intact.

Support: 0.8233, 0.8203, 0.8194

Resistance: 0.8253, 0.8262, 0.8297

What it said to watch

  • H1 close above the 0.8253 50% fib opens the 0.8262 prior shelf, the Thursday breakdown area
  • Slip back below ema20 at 0.8233 returns focus to the 0.8203 double base
  • Break of the 0.8194 week low would extend the post-FOMC lower-highs sequence
  • Fed's Daly (16:00 UTC) and Musalem (16:30 UTC) could materially shift this read into the weekly close

14:02 UTC

Downtrend since Wednesday, rebound testing broken support · RSI 62 · price 0.82497

Lower highs from 0.8313; double bottom at 0.8203 driving a retest of the 0.8253-0.8257 zone.

USD/CHF has printed lower highs since Wednesday's 0.8313 London-open peak. The post-Fed reversal extended in Thursday's NY session, where the soft GDP price index muted the growth beat, and carried into Friday's Asia session down to the 0.8194 week low. A double bottom near 0.8203 in London preceded a roughly 55-pip NY-open rebound after the in-line ECI, lifting price back above EMA(20) with RSI(14) near 62, and the bounce is now pressing the 50% fib at 0.8253, where EMA(50) and the broken Thursday low at 0.8257 overlap beneath the fib 61.8% at 0.8267.

Support: 0.8234, 0.8203, 0.8194

Resistance: 0.8257, 0.8267, 0.8297

What it said to watch

  • H1 close above the 0.8257 Thursday low and the 0.8267 fib 61.8% breaks the lower-highs sequence and opens the 0.8297 Thursday high
  • Rejection at 0.8253-0.8257 and a slip back below EMA(20) near 0.8234 returns focus to the 0.8203 double bottom
  • Failure to hold the 0.8194 week low confirms a fresh lower-low in the post-Fed downtrend
  • Chicago PMI (f/c 56.1) and Fed's Daly 16:00 UTC / Musalem 16:30 UTC could materially shift this read via front-end yields

13:03 UTC

Downtrend, bouncing from week low · RSI 46 · price 0.82288

Lower highs from 0.8313; higher low held at 0.8203.

USD/CHF has printed lower highs since Wednesday's 0.8313 London-open peak. The post-FOMC spike stalled at 0.8309, and Thursday's NY session broke the 0.8270 shelf as the dollar faded on lower yields and US-Iran deal hopes. The slide bottomed at the 0.8194 week low in Friday's Asia session, just above the 0.8191 monthly low, and London then held the 0.8203 friday lows twice while RSI(14) set a higher low, a mild bullish divergence on closes. The bar spanning the 12:30 UTC ECI release lifted price back to EMA(20) near 0.8230. Price is still below EMA(50) around 0.8251.

Support: 0.82026, 0.81936

Resistance: 0.8230, 0.82358, 0.82533

What it said to watch

  • H1 close above the 0.8236 friday high and 38.2% fib (0.8239) would mark the first higher high since Wednesday
  • Recovery through the 50% fib at 0.8253, near EMA(50), would challenge the lower-high sequence
  • Failure at the 0.8203 friday lows reopens the 0.8194 week low and the 0.8191 monthly low
  • Fed's Daly (16:00 UTC) and Musalem (16:30 UTC) on December hike pricing could materially shift this read

12:02 UTC

Downtrend, oversold momentum · RSI 32 · price 0.82069

Lower highs and lows below EMA20 since Thursday.

USD/CHF has unwound the week's rally from the 0.8313/0.8309 double top set around Wednesday's Fed decision. The breakdown came in Thursday's NY session after the GDP data, as the post-FOMC dollar fade deepened, and extended to a 0.8194 weekly low in the Asia session today. Friday's late-Asia bounce stalled at 0.8236, a lower high shy of the 38.2% retracement of the week's drop, and price is back below EMA(20) pressing the 0.8203 session low with RSI(14) near 32.

Support: 0.8203, 0.8194

Resistance: 0.8228, 0.8236, 0.8257

What it said to watch

  • US ECI at 12:30 UTC, followed by Chicago PMI and Fed's Daly/Musalem, could materially shift this read
  • H1 close above the 0.8236 lower high breaks the lower-high sequence and puts the 0.8257 breakdown area back in focus
  • Repeated failure to clear EMA(20) near 0.8228 keeps the downtrend structure intact
  • Loss of the 0.8203 session low exposes the 0.8194 weekly low, where a break would extend the lower-low sequence
  • Swiss CPI on Tue 3 Nov is the next CHF-side risk beyond this window

10:03 UTC

Downtrend, oversold bounce capped · RSI 33 · price 0.82128

Lower highs since Wednesday's peak; range break Thursday NY, lower low in Asia.

USDCHF has printed lower highs since Wednesday's 0.8313 week high, and the post-FOMC fade became a range break late in Thursday's NY session when the 0.8257 thu shelf gave way, with yields sliding on US-Iran hopes despite the GDP beat. Asia extended the drop to a 0.8194 week low, near the 0.8191 monthly low, but the rebound stalled at 0.8236, just under EMA(20) at 0.8233 and the 38.2% fib of the week drop. The London open brought a dip to 0.8203 (london low), while RSI(14) has recovered from about 24 to 32 without reclaiming 40.

Support: 0.8203, 0.8194

Resistance: 0.8233, 0.8257, 0.8313

What it said to watch

  • H1 close back above EMA(20) at 0.8233 and the lower-highs line would neutralise the decline read
  • Failure to hold the 0.8203 london low exposes the 0.8194 week low and the 0.8191 monthly low beneath it
  • Reclaim of the 0.8257 thu shelf would turn Thursday's range break into a false break
  • US ECI at 12:30 UTC (f/c 0.8%) and Chicago PMI at 13:45 UTC could materially shift this read; Daly and Musalem speak from 16:00 UTC
  • Week high at 0.8313 stays the upper reference for the post-FOMC unwind

09:02 UTC

Downtrend, oversold bounce stalling · RSI 34 · price 0.8217

Double top at 0.8310-0.8313 confirmed; lower highs since Wed Fed.

USDCHF topped twice at 0.8310-0.8313 around Wednesday's Fed hold. The neckline near 0.8272 gave way in Thursday's NY session as the dollar softened on US-Iran hopes and fading hike odds, and the slide carried through Asia to a 0.8194 week low, just above the 0.8191 monthly low. The Asia high at 0.8236 stalled near the 38.2% retracement, and London sold it back to a 0.8203 low, keeping price below EMA(20) at 0.8230 with RSI(14) holding in the low-to-mid 30s.

Support: 0.8203, 0.8194

Resistance: 0.8230, 0.8236, 0.8272

What it said to watch

  • US ECI at 12:30 UTC (f/c 0.8%) and Chicago PMI at 13:45 UTC could materially shift this read in the NY session
  • H1 close above the asia high at 0.8236 and back over EMA(20) would mark the first higher high since Thursday
  • Failure to hold the 0.8203 london low and the 0.8194 week low puts the 0.8191 monthly low in play
  • Recovery back above the 0.8272 neckline would invalidate the double top read
  • Fed's Daly (16:00 UTC) and Musalem (16:30 UTC) remarks on December hike odds

08:02 UTC

Downtrend, corrective bounce stalling · RSI 34 · price 0.82184

Lower highs from 0.8313 week high; Thursday's 0.8257–0.8297 base broken.

Wednesday's 0.8313 week high gave way after the Fed hold, and Thursday's NY-session pop on US GDP/PCE stalled at a 0.8297 lower high before a roughly 100-pip slide through Asia to a 0.8194 week low as de-escalation headlines drained the dollar's haven bid. The rebound from that low capped at a 0.8236 session high, close to the 38.2% retracement of the week's decline, and price is back below EMA(20) with RSI(14) near 34. The 0.8200 psych level sits just under current price, and 0.8250 is former support that now overhead.

Support: 0.8200, 0.81936

Resistance: 0.82358, 0.8250, 0.82969

What it said to watch

  • H1 close below the 0.8194 week low extends the lower-low sequence and opens 0.8134
  • Reclaim of the 0.8236 session high and a close above 0.8250 old support (near the 50% fib) would break the lower-highs trendline read
  • Sustained trade back above the 0.8297 lower high would neutralise the downtrend structure
  • US ECI at 12:30 UTC, Chicago PMI at 13:45 UTC and Fed's Daly/Musalem later could materially shift this read

07:02 UTC

Downtrend, corrective bounce · RSI 40 · price 0.82345

Lower highs from 0.8313; higher lows off 0.8194.

USD/CHF peaked at 0.8313 at Wednesday's London open, then unwound the early-week climb as the Fed's hawkish hold and a geopolitics-driven USD slide left a lower-high sequence. Thursday's NY session broke 0.8257 and the drop extended to a 0.8194 week low in Friday's Asia session, the low of the week's dominant move. Price has since printed higher lows near 0.8203 and 0.8221 and is now pressing the ema20/38.2% confluence near 0.8240, with RSI(14) lifting from the mid-30s toward 40 and old support at 0.8250 directly overhead.

Support: 0.8221, 0.8203, 0.8194

Resistance: 0.8240, 0.8250, 0.8267

What it said to watch

  • H1 close above 0.8250 old support and the 61.8% fib at 0.8267 would challenge the lower-high read
  • Rejection at the ema20/38.2% zone near 0.8240 keeps the bounce corrective within the downtrend
  • Failure to hold the 0.8221 higher low reopens the 0.8203 asia low and 0.8194 week low, with the 0.8191 monthly low just beneath
  • US ECI at 12:30 UTC and Chicago PMI at 13:45 UTC could materially shift this read, with Daly and Musalem later in the NY session

06:02 UTC

Downtrend, oversold bounce stalling · RSI 34 · price 0.82243

Lower highs from 0.8313; Tue–Thu 0.8270–0.8310 range broken lower.

USD/CHF has given back the whole of this week's advance. The slide from Wednesday's 0.8313 high picked up in Thursday's NY session after the 12:30 UTC data and ran to the 0.8194 asia low as US-Iran de-escalation headlines drained haven demand for the dollar. Price holds below EMA(20) and EMA(50) with RSI(14) near 34, and the rebound is stalling just under 0.8240, where EMA(20) meets the 38.2% fib of the down-leg, with the 0.8257 base break and the 0.8297 lower high above.

Support: 0.8220, 0.8194

Resistance: 0.8240, 0.8257, 0.8297

What it said to watch

  • H1 close above 0.8240 (EMA20 / 38.2% fib) opens the 0.8257 base break and the 50% retracement
  • Failure to hold 0.8220 psych puts the 0.8194 asia low and the 0.8191 monthly low back in play
  • US ECI at 12:30 UTC and Fed's Daly/Musalem from 16:00 UTC could materially shift this read
  • A move back above the 0.8297 lower high would break the lower-highs sequence

05:03 UTC

Downtrend, bouncing off oversold lows · RSI 32 · price 0.82229

Lower highs from 0.8313, range floor broken, minor higher low at 0.8203.

The Monday-to-Wednesday advance topped at 0.8313 in Wednesday's London session. The FOMC hold then left a lower high at 0.8309, and Thursday's NY session broke the 0.8272 range floor as USD eased on US-Iran peace hopes despite firm GDP and claims data. The late-NY base at 0.8257 gave way into the rollover, and the Asian range extended the slide to a 0.8194 week low just under the 0.8200 round number. RSI(14) dipped below 25 there before a bounce to 0.8223 that has printed a higher low at 0.8203. Price holds below EMA(20) near 0.8242 and EMA(50) near 0.8262, which crossed lower on Thursday, with the Monday low at 0.8236 and the 38.2% fib at 0.8239 overhead.

Support: 0.82031, 0.81936

Resistance: 0.82361, 0.82565, 0.82716

What it said to watch

  • Rejection at the 0.8236 Monday low / 38.2% fib zone keeps the downtrend read intact
  • An H1 close back above the 0.8257 late-NY base and EMA(50) at 0.8262 would ease the downtrend read, with the 0.8272 range floor just above
  • A break of the 0.8203 higher low reopens the 0.8194 week low and the 0.8200 round number
  • A close above 0.8297 breaks the lower-highs trendline from 0.8313
  • US ECI at 12:30 UTC today, plus Daly and Musalem Fedspeak later, could materially shift this read

04:02 UTC

Downtrend, oversold after two-session slide · RSI 28 · price 0.82189

Lower highs from 0.8313 week high; rising trendline broken in Thursday's NY session.

Monday-to-Wednesday higher lows topped at the 0.8313 week high. After the FOMC bar, the pair set lower highs, and the rising trendline broke from the first hour of NY on Thursday despite the GDP and claims beats, as the dollar gave back ground on US-Iran de-escalation. The 0.8257 breakdown shelf gave way late Thursday, and the Asia session extended the slide to the 0.8194 Asia low, just above the 0.8191 month low. Price now sits about 25 pips under EMA(20) near 0.8244, with RSI(14) in oversold territory.

Support: 0.81936, 0.8191

Resistance: 0.8244, 0.8257, 0.8313

What it said to watch

  • ECI at 12:30 UTC today could materially shift this read; a hot print tests the EMA(20) near 0.8244
  • H1 close back above the 0.8257 breakdown level (50% fib) negates the lower-high sequence
  • Failure to hold the 0.8194 Asia low exposes the 0.8191 month low
  • Daly (16:00 UTC) and Musalem (16:30 UTC) on December hike pricing during NY hours

03:02 UTC

Downtrend, stretched and oversold · RSI 21 · price 0.82129

Lower highs and lower lows from Wednesday's 0.8313 week high; the Wed–Thu range has broken lower.

Monday-to-Wednesday's advance peaked at the 0.8313 week high. Price then held a 0.8270–0.8310 range until Thursday's NY session, when the GDP price index miss and fading December-hike odds broke it lower. Selling extended through the Asia session to 0.8194, below psych 0.8200 and just above last week's 0.8191 month low, with RSI(14) oversold near 21 and price below both EMAs. Overhead, the 0.8239 breakdown level lines up with the 38.2% fib of the week's drop, with Thursday's NY low at 0.8257 above it.

Support: 0.8200, 0.81936, 0.8191

Resistance: 0.82392, 0.8257, 0.8313

What it said to watch

  • An H1 close below the 0.8191 month low extends the lower-low sequence beyond the 0.8194 Asia low
  • Failure to hold psych 0.8200 on a retest keeps the Asia low in play
  • A recovery and hold above the 0.8239 breakdown / 38.2% fib eases the downtrend read, with the 0.8257 thu ny low next
  • The lower highs trendline from Wednesday's Fed bar caps rallies while intact
  • US ECI (12:30 UTC), Chicago PMI and Fed's Daly/Musalem today could materially shift this read

02:03 UTC

Downtrend, oversold after a two-session slide · RSI 27 · price 0.82143

Lower highs from the 0.8313 week high; Thursday range broken, week's gains erased.

USD/CHF has reversed the Monday–Wednesday climb from the 0.8236 week open to the 0.8313 week high. Thursday's 0.8272–0.8297 range gave way in the NY session as the soft GDP price index and a fading safe-haven bid weighed on USD, and selling carried through the Asian session to a 0.8194 week low, just above the 0.8191 one-month low. Price sits well below EMA(20) near 0.8250 after a run of lower highs, with RSI(14) near 27 oversold and the 38.2% retracement of the drop at 0.8239, just above the week open.

Support: 0.8200, 0.81936

Resistance: 0.82356, 0.8250, 0.8313

What it said to watch

  • US ECI at 12:30 UTC and Fed's Daly/Musalem later today could materially shift this read
  • H1 close back above the 0.8236 week open and 0.8239 38.2% fib would mark the first break of the lower-highs sequence
  • A move back to EMA(20) near 0.8250 tests former support from Thursday's breakdown
  • Failure to hold the 0.8200 round number and the 0.8194 week low exposes the 0.8191 one-month low
  • A new low with RSI(14) holding above its Friday Asia trough would signal momentum divergence

01:03 UTC

Downtrend, impulsive leg lower · RSI 22 · price 0.82102

Mon–Wed advance fully unwound; lower highs since Thursday NY, below weekly open.

The Monday-to-Wednesday climb to the 0.8313 week high faded after the FOMC whipsaw. The pair then broke the Thursday shelf near 0.8257 during NY hours despite the US GDP beat, as the soft deflator, spending and income prints offset the headline. The slide extended through the NY close and into the Asia session, taking price back below the 0.8238 weekly open to 0.8210, with EMA(20) near 0.8252 overhead, RSI(14) around 22 and the 0.8200 round number and 0.8191 prior low just beneath.

Support: 0.8200, 0.8191

Resistance: 0.8238, 0.8257, 0.8313

What it said to watch

  • H1 close back above the 0.8238 weekly open would mark the Asia-session extension as a false break
  • Failure to hold the 0.8200 round number exposes the 0.8191 prior low and extends the lower-low sequence
  • Rebounds stalling near the 38.2% of the week drop (~0.8249) and EMA(20) keep the lower highs intact; reclaiming the thu shelf at 0.8257 challenges the downtrend read
  • RSI(14) oversold; a higher RSI low on a fresh price low would flag bullish divergence
  • US ECI at 12:30 UTC and Fed's Daly/Musalem later Friday could materially shift this read

00:02 UTC

Downtrend, bounce off fresh week low · RSI 29 · price 0.82377

Lower highs and lower lows since the Fed bar; full retrace of the Mon–Wed rally.

USD/CHF has given back the whole Monday–Wednesday climb to the 0.8313 week high. Highs have stepped lower along a trendline since Wednesday's Fed bar, and the heaviest selling came in Thursday's NY session after the US GDP/PCE data, despite the headline GDP beat. Late Thursday price swept beneath Monday's 0.8232 low to a 0.8223 swing low, then bounced back to the weekly open near 0.8239, holding below both EMAs with RSI(14) near 30.

Support: 0.8223, 0.8200

Resistance: 0.8239, 0.8257, 0.8313

What it said to watch

  • H1 close back above the 38.2% fib at 0.8257, near EMA20, would interrupt the lower-high sequence
  • Failure to hold the 0.8223 swing low extends the lower-low sequence toward the 0.8200 round number
  • Repeated rejection at the weekly open around 0.8239 keeps the bounce corrective inside the downtrend
  • Lower-highs trendline from the post-Fed high stays intact while price is below ~0.8290
  • US ECI Q3 (12:30 UTC Fri), Chicago PMI and Daly/Musalem in NY hours could materially shift this read

All markets that day · Today’s USD/CHF Live Scan in the terminal